MARKETS FOR 11TH OCTOBER

AS WAS WRITTEN FOR YESTERDAY, DOW WILL BE MADE TO FALL FOR NEXT FEW DAYS AND NEWS EVENTS THERE WILL BE SUITABLY MANIPULATED TO SUPPORT DOWS FALL TO ADVERSELY INFLUENCE REST OF THE WORLD MARKETS FOR NEXT FEW DAYS. ONE WILL ALSO OBSERVE THAT AFTER THE CLOSURE OF EUROPEAN MARKETS DOW WILL BE ORCHESTRATED TO FALL MORE. SO, CONTINUE HOLDING YOUR SHORTS BOLDLY AND ADD MORE SHORT POSITIONS ON EVERY INTRADAY RISE AS LONG AS NIFTY FUTURES FAILS TO SUSTAIN ABOVE THE CRITICAL LEVEL OF 5710 TO REVERSE FOR LONGS ONLY ABOVE NIFTY FUTURE LEVEL OF 5710.

FOR NEXT FEW DAYS, LEVELS ARE NOT IMPORTANT & THAT ONE MUST TRADE IN THE SHORT SIDE OF THE MARKET IS MORE IMPORTANT. DOW WILL BE MADE TO FALL FOR NEXT FEW DAYS, SO HOLDING SHORT POSITIONS WITH A STOP LOSS ABOVE 5710 FUTURE LEVELS TO REVERSE FOR LONGS ONLY ABOVE 5710 SHOULD BE THE MAIN MOTTO OF EVERY SHORT TERM TRADERS. LONG TERM INVESTORS NEED NOT PANIC AT ALL DURING THIS ROUTINE CORRECTION AFTER THE BIG RISE FROM JULY MONTH EXPIRY DAY LOW TILL FRIDAY 5TH OCTOBER HIGH. SO FOLLOW THE PATH THE DOW OPERATORS ARE TAKING IN PULLING DOWN DOW FOR GREAT GAINS IN NEXT FEW DAYS.

FOR INTRADAY TRADING ON THURSDAY, EXPECT ANOTHER GAP DOWN OPEN INDUCED BY THE OVER NIGHT HIGHLY NEGATIVE DOW THAT WILL SEE ITS ASIAN WHIPPING BOYS SLIDING TOGETHER WITH THE HIGHLY OPERATOR INFECTED SGX NIFTY TO INDUCE A NEGATIVE OPENING FOR INDIAN MARKETS. NIFTY FUTURE WHICH HAD CLOSED AROUND 5675 ON WEDNESDAY, FINDS INITIAL SUPPORT AROUND WEDNESDAY’S LOWS OF 5666 TO BE DEFINITELY BREACHED EITHER BY A GAP DOWN OR BY OPERATOR ACTION TO FIND NEXT SUPPORT AROUND 5654 FOLLOWED BY 5640 SUSTAINING BELOW WHICH MAY SEE A STONE LIKE FALL TOWARDS 5633 FOLLOWED BY 5622.

SIMILARLY ON THE HIGHER SIDE, IT IS WISER NOT TO EXPECT ANY LEVEL AS EVERY INTRADAY RISE OF EVEN 25 TO 30 POINTS IS GOING TO BE MERCILESSLY SHORTED OUT OF SHAPE. BE SURE DOW WILL BE MADE TO FALL BADLY AFTER THE CLOSURE OF EUROPEAN MARKETS TO MANIPULATE ASIAN MARKETS IN THE MORNING OF THURSDAY. DOW FUTURES WILL BE SUITABLY TWISTED TO SEE ASIAN MARKETS DANCING TO THE TUNE OF DOW OPERATORS. SO, SHORT, SHORT & ONLY SHORT ON EVERY INTRADAY RISE TILL SUCH TIME NIFTY FUTURE FAILS TO CROSS AND SUSTAIN ABOVE 5710 TO ONLY REVERSE AND TRADE LONG ABOVE IT.

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